Tesla Inc. invested $ 1.5 billion in Bitcoin and signaled its intention to start accepting cryptocurrency as a form of payment by sending prices to a new record.
The electric car market leader said in a filing on Monday that he bet on Bitcoin after updating his investment policy last month to allow the company to invest in digital assets, as well as gold bars and exchange-traded funds. gold.
“We hope to start accepting Bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially to a limited extent,” said Tesla at the securities depository.
Bitcoin’s price rose by 13%, to a historic high of $ 43,725.51 with the news. It rose about 10% to $ 42,620 at 8:08 am in New York.
CEO Elon Musk tweeted frequently about topics related to cryptocurrency and earlier this month called Bitcoin “a good thing” in an interview.
– With the help of Esha Dey